$BNB /USDT short trade signal 🚦 🛑
BEARISH SETUP: RISING CHANNEL BREAKDOWN IMMINENT!
The chart indicates that $BNB/USDT is showing signs of weakness after a strong upward rally, now reaching the upper boundary of a rising channel. Price action has begun to stall near resistance around the 599–602 zone, and a potential rejection here could lead to a short-term pullback as marked by the projected drop zone.
Trade Setup:
Entry (Short): 599.20
Take Profit: 593.50
Stop Loss: 602.50
Market Outlook:
Momentum is weakening as BNB tests upper resistance, and volume shows signs of declining strength. If the channel breaks to the downside, this setup could offer a clean short opportunity. Keep an eye on price reaction near the resistance for confirmation.
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buy and trade here on $BNB